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Fidelity Emerging Markets Multifactor (FDEM)
Look-through valuation · Style & factor · Expense ratio 0.25 % · ISIN US3160925430
Price history (since 2019)
Monthly close since 2019. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Taiwan Semiconductor Manufacturing Co. Ltd. 2330 | 13.1 % | +12.2 % | 72 |
| Samsung Electronics Co Ltd SSNLF | 7.4 % | n/a | n/a |
| SK Hynix Inc 000660 | 4.7 % | +10.0 % | 68 |
| MediaTek Inc 2454 | 1.7 % | −29.8 % | 79 |
| China Resources Mixc Lifestyle Serv 1209 | 1.7 % | +47.1 % | 80 |
| Petróleo Brasileiro S.A. - Petrobras PETR4 | 1.7 % | n/a | n/a |
| WuXi AppTec Co Ltd H 2359 | 1.5 % | n/a | n/a |
| TRUST FIBRA UNO MXCFFU000001 | 1.5 % | n/a | n/a |
| Bumrungrad Hospital PCL DRC BUGDF | 1.3 % | n/a | n/a |
| Aurobindo Pharma Limited AUROPHARMA | 1.1 % | +31.9 % | 57 |
| Sun Pharmaceutical Industries Limited SUNPHARMA | 1.1 % | +10.9 % | 65 |
| Inner Mongolia Yitai Coal Co Ltd 900948 | 1.0 % | −15.8 % | 52 |
| PetroChina Company Limited 0857 | 1.0 % | n/a | n/a |
| Sinopharm Group Co Ltd 1099 | 1.0 % | +200.0 % | 56 |
| China Shenhua Energy Co Ltd H 1088 | 0.9 % | n/a | n/a |
| Delta Electronics Inc 2308 | 0.9 % | −70.9 % | 71 |
| Asia Cement Corp 1102 | 0.9 % | −3.0 % | 58 |
| China Construction Bank Corp 0939 | 0.9 % | n/a | n/a |
| Gedeon Richter PLC 0QFP | 0.9 % | n/a | n/a |
| Sasol Ltd SOL | 0.9 % | n/a | n/a |
| Gold Fields Ltd GFI | 0.8 % | −42.1 % | 75 |
| Vale S.A. VALE3 | 0.8 % | −9.4 % | 55 |
| United Tractors Tbk PT UNTR | 0.8 % | +95.4 % | 59 |
| Vedanta Limited VEDL | 0.8 % | +52.8 % | 53 |
| Coal India Limited COALINDIA | 0.8 % | +11.3 % | 64 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 49 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +76.9 % below FV
- 2 MCHI iShares MSCI China ETF +41.9 % below FV
- 3 ITB iShares U.S. Home Construction ETF +37.1 % below FV
- 4 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +32.2 % below FV
- 5 VOX Vanguard Communication Services Index Fund ETF Shares +21.5 % below FV
- 6 XLC Communication Services Select Sector SPDR® Fund +20.6 % below FV
- 7 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +19.1 % below FV
- 8 FDNI First Trust Dow Jones International Internet ETF +15.2 % below FV
- 9 SHRY First Trust Bloomberg Shareholder Yield ETF +14.6 % below FV
- 10 TAN Invesco Solar ETF +14.5 % below FV
Frequently asked about FDEM
Is FDEM overvalued?
How do you calculate the fair value of an ETF?
Which stocks drive the valuation of FDEM?
What is the expense ratio of FDEM?
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Fidelity® Emerging Markets Multifactor ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Oct 15, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.